Creado por beth.tripp
hace alrededor de 10 años
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What is Economies Of Scale
name 3 types of ecomonies of scale
what is a stakeholder
CHAIN OF PRODUCTION layout with examples
What is unlimited liability
What are the factors of production?
what does enterprise mean?
what is expansion?
what is market share?
name three reasons for growth and say a benefit and a risk of each
list 5 reasons for growth and explain
4 reasons not to expand
what is internal/organic growth
what is external/inorganic growth
when does a business become a price setter?
what is a merger
Diversify
what is a demerger
what is inputs?
what are redundants?
what is a takeover?
what is an Acquisition?
What is a PLC
what is a royalty?
what is meant by the term overstretched?
what is horizontal integration? give two examples and give three benefits of horizontal integration
state three drawbacks of horizontal integration to the businesses?
give one consumer disadvantage?
what is vertical integration? give three advantages
give disadvantages of vertical integration
Give an example of vertical integration -forwards in the stage of production
-backwards in the stage of production
give 5 internal economies
give three external economies
what is a diseconomies of scale?give an example and explain
what have partnership and sole trader both have?
what is unlimited liability?
what is limited liability?
how do the following raise finance:
sole traders
partners
PLC
give 2 benefits to being PLC and 2 disadvantages.
what is meant by social costs and give three examples
what is a social benefit and give three examples
why set ethical and environmental objectives?
give 2 benefits and
of being ethical in a business
what are the two roles in stock exchange
what is a stock exchange?